According to the public record, 25, Eight Acres, Romsey is a mid-century freehold house with 1,065 ft2 of internal area and sits on a 210 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Eight Acres, Romsey, SO51 is located in the borough of Test Valley within the SO51 postal district.
25, Eight Acres, Romsey has 41 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated February 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 25 Eight Acres Romsey as £392,392 and the rental value as £1,625 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 25 Eight Acres Romsey has increased by £11,159 (2.8%) and its rental value has increased by £77 per month (4.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 25, Eight Acres, Romsey is in very good condition we estimate a sale value of £412,012 and rental value of £1,706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,925 and a rental value of £1,511 per month.
If you were able to purchase this property for the estimated value of £392,392, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,928 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 25, Eight Acres, Romsey sits on a plot of 210m2.
We have plot size data on 13 out of 30 other houses in the postcode and 25, Eight Acres, Romsey sits on the 6th largest plot.
According to HM Land Registry, 25, Eight Acres, Romsey was last sold on 14 Dec 2022 for £400,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2022, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Eight Acres, Romsey within a radius of 600 metres over the last 2 years.
The most recent example is 22, Eight Acres, Romsey, SO51 5BQ, a Freehold house which sold for £400,000 in Mar 2020.
Read more about house prices in SO51.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eight Acres, Romsey, SO51 has a total of 64 addresses. According to our analysis of all the public data, 25, Eight Acres, Romsey is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in SO51.
25, Eight Acres, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 25, Eight Acres, Romsey is Romsey station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 25, Eight Acres, Romsey, 47.1% of property is privately owned outright and 37.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 25, Eight Acres, Romsey, 15.7% of residents are recorded as possessing school level qualifications and 39.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 25, Eight Acres, Romsey, the average age was 45.8 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 25, Eight Acres, Romsey, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 25, Eight Acres, Romsey, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.